With the obsession that today’s media has with youth and appearance, you could be forgiven for thinking that it’s only the young who are looking for companionship, that dating is a young person’s game. Which of the following images do you think the media is more likely to use to accompany an article on online dating? At the same time, more older adults over 55 find themselves single and looking, either through divorce or the tragic loss of a husband or wife they loved for many years.
We are all living decades longer than we once did, and are staying fitter, healthier (and in some cases, friskier) further into our wisdom years than ever before.
In December, we increased all Department of Defense civilian retiree interim payments by 5%. These cases had been receiving a lower than average amount of interim pay based upon the data received at the time of retirement.
Indeed, OPM's Strategic Plan speaks to the shared responsibility for retirement processing among employees, agencies and OPM so resolving these issues is at the very center of the radar screen.
Our goal is to provide the annuitant with as much of their expected NET monthly payment, less Federal income tax withholding.
The NET payment amount is the amount of the annuity payment after deducting premiums for health benefits and life insurance from the gross rate.
We are confident that through additional staff, over-time, improvements in interim payments, and collaboration with agencies we will reduce our back-log to more normal levels and fulfill our commitments to the Federal retiree, which has always been one of our highest priorities.
Your annuity may be reduced if your former spouse was awarded a survivor annuity by a qualifying court order.
If you retire after December 31, 1989, you must elect one of the three reduction schedules described above when you retire.